Silver being now the cheaper metal, they favor its free coinage at the present ratio, with the absolute certainty that silver alone will be coined at our mints as money; that gold will be demonetized, hoarded at a premium, or exported where it is maintained as standard money.
Sherman warns that favoring silver's free coinage could lead to gold being demonetized.
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More from John Sherman
What a pity, he said, it would have been if so great a country as the United States had been disrupted on account of slavery.
I have participated in framing many tariff bills, but have never succeeded in securing one that I entirely approved.
Let us, my friends, unite in electing him President of the United States.
It is impossible for an American to visit Paris without enjoyment and instruction.
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